Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley. In this episode of #GWIC, Lisa speaks with Renata Moreti, Head of Controls, Compliance and Ethics for Diageo in Peru, Ecuador, Bolivia, Argentina and Chile.  Renata has had a varied career in ethics and compliance, and has been based primarily in Brazil and Chile, with a short time in Madrid.   When Renata moved to Chile, she wanted to take her understanding of wine to a new level and became so passionate about what she was learning that she became a sommelier…as well as working with sommeliers to be aware of ethics and compliance requirements.

Renata talks about how following her passion for wine outside her ethics and compliance life enhanced her professional work – how to amaze employees with ethics and compliance trainings and knowledge as she does with wine and food experiences.  She also discusses her experiences being based in South America and including trainings that have worked for her and also best practices for those who work with South America and are based in other places.

And, just in time for the holidays, she has provided some information about Chilean wines and a link to her Instagram page: @bomdiaframbuesa

If you enjoy this episode or the podcast generally, please rate this podcast in your favorite podcast player where you can find this discussion with Renata and all of our other episodes.

Join the Great Women in Compliance community on LinkedIn here.

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly and I go into the weeds about the recent DOJ announcement of the Procurement Collusion Strike Force (PCSF).

Some of the highlights include:

  • Why was the PCSF created?
  • What will it focus on?
  • Why does the funding (or lack thereof) matter?
  • What do the twin DOJ announcements of the PCFS portend?
  • Why are analytics more critical for compliance going forward?
  • What are procurement red flags?
  • What does all this mean for compliance professionals going forward?

Resources

Matt’s blog post, Brace for Procurement Compliance, on Radical Compliance.

DOJ Press Release on PCSF

PCSF website

Welcome to the Compliance Kitchen. Host Silvia Surman created it for those who want to “see what’s cooking” in the never-boring worlds of corporate compliance, white collar crime and global trade. We hope that our selection of topics will be of interest and that official resources will be easier to locate. We also hope that you will feel comfortable in the Kitchen and read on, finding it enjoyable.  In today’s episode Silvia catches up recent developments and news in the area of trade sanctions. We touch on two DOJ settlements, a new South Korean steel exports requirement and an annual report of US services exports.

Additional Resources

ComplianceKitchen.com

Just for the record, nothing in the Kitchen is to be considered a legal or professional advice and you may not use our information as such.

NOVEMBER 13, 2019 2019 BY TOM FOX

In today’s edition of Daily Compliance News:

  • SW company discloses possible trade sanction violations. (WSJ)
  • Is Softbank a giant bait and switch operation? (NYT)
  • Leaders looking at trust. Who knew it was so critical? (NYT)
  • The ‘Virtual Boardroom’ is in academia. Can reality be far behind? (Washington Post)

 

Compliance is widely seen as black and white, but this week’s guest argues that there is a lot of thinking, decision making and ways to innovate inside the compliance space. Jeff Nally is an executive coach who has spent the last fourteen years using neuroscience to help business leaders think differently, make better decisions, and spark ideas, innovation and insight in others.

Listen to the episode now:

Jeff’s Approach to Coaching

Tom comments that using a brain-based approach seems antithetical to what lawyers generally do. He asks Jeff to describe his coaching method. Jeff replies that he’s not coaching around expertise; rather, he’s helping spark new ideas and innovations in their brains. A compliance issue could have multiple approaches. He’s teaching professionals to be better leaders, as well as how to ask thoughtful, reflective questions.

How to Know If Coaching is Right For You

Jeff says you should consider retaining a coach after you’ve maximized all the other training, development and leadership resources available to you, and you have stretch goals that you still need to achieve. A coach can help you make the changes you need to reach your goals. In addition, when you want to move to a higher level, the actions that brought you success in the past may not be the same things you’ll need to do to move ahead. Coaching can accelerate your growth to meet those new challenges. Jeff describes the coaching packages his company offers.

Breaking Down Silos and Convincing Management

Tom asks, Can an executive coach help a compliance practitioner think through having to break down silos within an organization? Yes, Jeff responds, and in addition to breaking down the silos, it’s all about the compliance professional’s relationship with those different stakeholders. You should think of the silos as stakeholder groups, he advises. Think about how to communicate well with them and be open to listening.

Convince your management that you need an executive coach by pointing out the difference between a coach and a consultant. A coach knows how to ask questions and spark your thinking, which is what you need to help you perform better as a compliance professional. Also, show them the positive impact coaching will have on you and the organization. Tom comments that the service Jeff provides makes the compliance practitioner or the executive more innovative.

Resources

NallyGroup.com

Email: jeff@nallygroup.com